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The Latest Breaking News from CEBR

Consumer sentiment positive for first time since mini-Budget, YouGov/Cebr survey finds

Confidence in house prices, job security and business activity was strong, but poor sentiment remains on cost-of-living issues

Evening Standard

More women working in finance in 1997 than in 2022, figures show

London Stock Exchange boss Julia Hoggett said diversity and inclusivity is not a ‘nice distraction’, but should be part of the job.

The Independent UK

Exeter and Bristol post-recession job boom forecast by top economists

The two South West cities have been predicted to be among the best in the UK for employment growth when the UK emerges from the current economic crisis

Birmingham Post

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Swansea will fare marginally better than Cardiff as UK emerges from recession claims report

New research from Irwin Mitchell predicts Swansea will return to growth slightly faster than Cardiff in Q4 of 2023

Birmingham Post

Edinburgh and Glasgow lead the pack as UK set to exit recession in mid-2023

However, Aberdeen’s economy is predicted to shrink in the next 12 months

Insider UK

'World economy is headed for a recession in 2023'

LONDON: The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.

The Times of India

World economy is headed for a recession in 2023, researcher says

The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Center for Economics and Business Research.

Tribune News Service

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Black Friday retail footfall below pre-pandemic levels amid cost of living crisis – as it happened

Retail experts predict a more muted Black Friday this year, as consumers cut back and Royal Mail strike disrupts deliveries

The Guardian - UK

Top tips for selling pre-loved items as market reaches £6.5billion

A third of the pre-loved market is made up of used transport products

Wales Online

Energy inefficient households will pay £750 extra compared to those with good efficiency

October's energy price cap will rise will see an increase in bills for everyone - but this price hike will be £750 a year more for households with low efficiency ratings

Wales Online

Energy inefficient homes facing £750 higher bill compared to those with good efficiency

October's energy price cap will rise will see an increase in bills for everyone - but this price hike will be £750 a year more for households with low efficiency ratings

Daily Mirror

Low-efficiency homes ‘to cost owners £700 extra in energy bills’

‘The UK’s housing stock is among the least energy-efficient in Europe,’ industry expert says

The Independent UK

Another blow for households as bills could rise by £6,000 this year

The average energy bill could soar by £1,645 within five months to hit £3,616 a year

Nottingham Post

Bankers get inflation-busting pay rises while low-income workers see earnings collapse

Worst-off get 1% wage increase as City of London workers toast large bonuses and 10% hike in overall pay

The Independent UK

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The Guardian - UK

City workers get double-digit wage rises while lowest-paid see 1% increase

Report finds ‘tale of two labour markets’ as workers in London’s financial district enjoy inflation-busting increases

Birmingham Post

Disposable income in Northern Ireland slumps as cost-of-living spike bites

Asda's Income Tracker shows average household has £93.50 a week left for discretionary spending

Belfast Live

Cost of living: Northern Ireland families only have £93 in disposable income per month

"The impact of the cost-of-living crisis is clear, with rising prices eating into incomes and reducing families’ ability to spend."

Reuters

Increasingly bitter race to replace UK PM Johnson narrows to four

Britain's former finance minister Rishi Sunak held onto his lead in the race to become Britain's next prime minister on Monday as another hopeful was knocked out, leaving four candidates in an increasingly bitter contest to replace Boris Johnson.

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The Independent UK

Consumer confidence falls for seventh month in a row – YouGov/Cebr

Confidence fell to its lowest point last month since August 2020, according to analysis by YouGov and the Centre for Economic and Business Research.

Birmingham Post

Business leaders warn train strike could cause 'incredible damage' to the UK economy as RMT members walk out

Hospitality and retail sectors among those likely to be hard hit

Evening Standard

£120m and counting: what strikes will cost London

The biggest shutdown of the national rail network since 1989

The Independent UK

Equity release ‘finances £1 in every £90 spent by retired people within the UK’

Total retirement spending funded by equity release could top £4 billion this year, according to Cebr and Legal & General.

Wales Online

New figures show how much wealth - and happiness - UK has lost since pandemic

72% of us expect to be worse off as a result of inflation

The Independent UK

Households ‘could face £100-per-month budget shortfall by 2024’

Costs are rising at a considerably higher rate than incomes, the Yorkshire Building Society report said.

The National (Scotland)

Home Office told to fix passport mess amid fears a million people could miss trips

THE UK Home Office must take urgent action over passport delays amid suggestions a million people could miss out on summer holidays because of…

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